PPP Loan information for Michael sherd

$20,832

Michael sherd was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/26/2021 by The Mercantile Bank reported 1 jobs and $20,832 was used to fund payroll.

Michael sherd is Existing or more than 2 years old

MICHAEL SHERD

Date Approved

04/26/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHAEL SHERD

Borrower Address

2259 N Ferris Rd

Borrower City

Sumner

Borrower State

MI

Borrower Zip

48889-9763

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumner

Project County Name

GRATIOT

Project State

MI

Project Zip

48889-9763

CD

MI-02

Jobs Reported

1

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Self-Employed Individuals

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20875.38

Forgiveness Date

07/16/2021

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